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MCQ In regards of cash equivalents, a primary difference between FASB and IFRS is that A.Under IFRS Cash equivalents include those under U.S. GAAP and

MCQ

In regards of cash equivalents, a primary difference between FASB and IFRS is that

A.Under IFRS Cash equivalents include those under U.S. GAAP and bank overdrafts.

B.Under FASB Cash equivalents include highly liquid investments and bank overdrafts.

C.There is no difference between FASB and IFRS.

D.Under FASB Cash equivalents include only highly liquid investments.

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